FTSE4 Good stability indices once again show ZTE | Environmental News

by time news

2024-08-19 08:03:26

ZTEA global provider of communications, business and consumer technology solutions for mobile Internet and devices, announces that it has been for another year in FTSE4 Good Indicesin recognition of their efforts ecological innovationsocial involvement and corporate governance. It is the ninth consecutive year that ZTE appears in these prestigious global indexes.

Created by global index and data provider FTSE Russell, FTSE4Good is designed to labor cost measurement that shows strong environment, society and governance (ESG). FTSE4Good indices are used by different market players create and evaluate responsible investment and other series of products.

By supporting sustainable development around the world, ZTE aims to achieve harmony between ESG (environmental, social and governance factors) and its stakeholders, with an active contribution to Sustainable Development Goals of the United Nations.

Regarding environmental protection, ZTE has a policy of ecological development to design an environmentally friendly ecosystem through four dimensions: green services, green supply chain, green digital infrastructure and green learning. In April of this year, the Science Based Objectives (SBTi) approved the science-based objectives of ZTE to reduce greenhouse gas emissions to limit the temperature to no more than 1.5 °C and achieve , on the other hand, zero net emissions by 2050 as the deadline.

This makes ZTE the first large-scale technology company in China to receive official approval for both its short- and long-term GHG reduction goals, making it on the Carbon Disclosure Policy (CDP) list. for climate action.

Commitment to reducing the global digital divide

In terms of social contribution, ZTE takes its technology for a good initiative to reduce the global digital divide, and intends to support the construction of industrial upgrades, digital villages, emergency communications and security services through digital innovation. As a global company, ZTE has been involved in building high-performance networks in more than 100 countries and regions, facilitating the reduction of the global digital divide.

The country also plans to build annual ICT infrastructure for least developed countries (LDCs), least developed countries (LLDCs) and small island developing countries (SIDS) through 2025, and to dedicate 50,000 hours of ICT lectures to the public for the benefit of local workers who need it. In addition, the company is strongly responsible for corporate social responsibility and participates in more than just public welfare initiatives around the world, which include educational support, medical assistance and care for vulnerable groups. , and managed to serve more than 100,000 people worldwide.

In terms of corporate governance, ZTE places special emphasis on internal controls, compliance, social trust and business continuity management (BCM). The company is constantly improving its corporate governance system, measuring operations and ensuring continued strong business performance. ZTE aims to build a highly efficient organization, where it implements 214 total Business Continuity Plans (BCP) in high risk areas. The company successfully passed the anti-bribery management system audit and has ISO 37001 Anti-bribery Management System certification covering 38 countries worldwide by 2023.

As a member of the United Nations Global Compact (UNGC) and the Global Sustainability Initiative (GeSI), ZTE has been recognized for its achievements in sustainable development and ESG. Recently, it has been included in S&P Global’s Sustainability Yearbook 2024 (China Edition) and has received the title of Corporate Mover. In addition, ZTE has been included in the Fortune China ESG Impact list for the past three years.

Moving forward, ZTE will continue its green position as a driver of the digital economy, integrate ESG into all aspects of its operations, and maintain its commitment to its social responsibilities as a leading technology company. for a better digital future.

Source: ZTE

#FTSE4 #Good #stability #indices #show #ZTE #Environmental #News

You may also like

Leave a Comment